PT Merdeka Battery Materials Tbk (ISX:MBMA) Receivables Turnover : 3.44 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is PT Merdeka Battery Materials Tbk Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. PT Merdeka Battery Materials Tbk's Revenue for the three months ended in Mar. 2024 was Rp6,848,139 Mil. PT Merdeka Battery Materials Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp1,991,060 Mil. Hence, PT Merdeka Battery Materials Tbk's Receivables Turnover for the three months ended in Mar. 2024 was 3.44.

PT Merdeka Battery Materials Tbk Receivables Turnover Historical Data

The historical data trend for PT Merdeka Battery Materials Tbk's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PT Merdeka Battery Materials Tbk Receivables Turnover Chart

PT Merdeka Battery Materials Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

7.10

14.38

PT Merdeka Battery Materials Tbk Quarterly Data
	Dec20	Sep21	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial				2.73	2.13	-	3.19	3.44

Competitive Comparison of PT Merdeka Battery Materials Tbk's Receivables Turnover

For the Other Precious Metals & Mining subindustry, PT Merdeka Battery Materials Tbk's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Merdeka Battery Materials Tbk's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Battery Materials Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Merdeka Battery Materials Tbk's Receivables Turnover falls into.

PT Merdeka Battery Materials Tbk Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

PT Merdeka Battery Materials Tbk's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	20477464.131	/ (	(1009632.099	+	1838064.245)	/	2 )
=	20477464.131	/	1423848.172
=	14.38

PT Merdeka Battery Materials Tbk's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	6848138.596	/ (	(1838064.245	+	2144056.287)	/	2 )
=	6848138.596	/	1991060.266
=	3.44

PT Merdeka Battery Materials Tbk (ISX:MBMA) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

PT Merdeka Battery Materials Tbk Receivables Turnover Related Terms

Thank you for viewing the detailed overview of PT Merdeka Battery Materials Tbk's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Merdeka Battery Materials Tbk (ISX:MBMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Merdeka Battery Materials Tbk (ISX:MBMA) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Sudirman Kav. 52–53, Treasury Tower, 69th Floor, District 8 SCBD Lot. 28, Jakarta Selatan, Jakarta, IDN, 12190

Website

https://www.merdekabattery.com

PT Merdeka Battery Materials Tbk is a metal and mineral mining holding company. It explores, extracts, and produces gold, silver, copper, and other minerals through subsidiaries spread across three islands in Indonesia.

PT Merdeka Battery Materials Tbk (ISX:MBMA) Headlines

No Headlines